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Jones Lang LaSalle

Advises on and manages commercial real estate

Hotel Asset Management Associate

Real EstateConfirmed live in the last 24 hours
Full-timeChiyoda City, Tokyo, Japan

About the Job

Requirements

  • Tertiary qualifications in Real Estate, Hotel Management, Finance, or a property-related discipline are required.
  • Advanced Microsoft Excel skills are required, including data analysis and manipulation; complex formulas and functions such as XLOOKUP, INDIRECT, INDEX/MATCH, and SUMIFS for financial modeling; data visualization and chart creation; financial template creation; pivot table use; and Power Query and data conversion.
  • Experience using business intelligence tools to create report templates.
  • Financial or real estate experience in discounted cash flow modeling, rent roll analysis, net operating income calculations, investment return calculations including IRR, NPV, and cap rate, cash flow projections, lease analysis and abstraction, and scenario and sensitivity analysis.
  • Fluency in Japanese and at least conversational English.
  • At least three years of work experience in hospitality operations or asset management.
  • Strong academic credentials with coursework emphasis on finance, real estate, or related subjects, or demonstrated work experience.
  • Ability to manage time and workflow effectively to meet deadlines, handle challenging KPIs and factors outside one's control, focus in a busy open-plan office, work accurately with attention to detail, respond professionally to urgent requests, and collaborate with a team leader to improve work processes.
  • Knowledge of office workflow processes, professional standards in an office environment, hotel operating environments and service standards, and real estate asset management; experience meeting individual and team KPIs.
  • Ability to multitask and prioritize in a fast-paced environment under tight deadlines, work independently, and travel as required by the business.
  • Excellent numerical and research skills, analytical and financial analysis skills, critical thinking, comprehensive knowledge of hotel operations, and the ability to work with others toward shared goals.

Responsibilities

  • Lead management reporting across the full client portfolio of hotels, working with locally and remotely based analysts.
  • Liaise and coordinate with the Hotel Asset Management team.
  • Compile reports and templates and benchmark weekly, monthly, and quarterly operating performance, including profit and loss statements, cash flow statements, modeling, strategic asset plans, budgets, and materials requested by leadership.
  • Use JLL's business intelligence tool to produce regular reporting.
  • Work with the Hotels Asset Management Team to support additional reporting for owners or the wider JLL Hotels & Hospitality Group team.
  • Review, benchmark, and analyze hotel- and portfolio-level financial data and monitor market-area dynamics to understand the hotels and their markets.
  • Update and maintain databases of assets managed by the Japan Market Hotels & Hospitality Group Asset Management team.
  • Assist with market research, data collection, and performance analysis.
  • Monitor news sources and save articles on travel trends.
  • Research local government websites for updates on projects, events, travel, subsidies, and employment status.
  • Travel to properties across Japan as needed to inspect facilities, meet management teams, and tour market areas and competing hotels.
  • Report daily issues, queries, identified risks or concerns, and requests for assistance to the assigned manager.
  • Act as the key liaison with VAST to establish and track work progress.
  • Share knowledge and contribute to continuous improvement of the Asset Management team.
  • Meet with owners and hotel executive teams to review monthly and quarterly operating performance and annual business plans and budgets, including capital budgets and longer-term strategic plans, and provide cost-reduction and revenue-enhancement guidance.

About the Company

Jones Lang LaSalle

Advises on and manages commercial real estate

Jones Lang LaSalle, known as JLL, advises property owners, occupiers and investors on commercial real estate worldwide. Its teams broker leases and property sales, arrange financing, value assets, manage buildings and workplaces, and oversee construction projects for businesses, institutions and governments. LaSalle Investment Management invests client capital in private property and real estate securities, while JLL Technologies develops workplace software and data tools. The company earns commissions, service fees, investment management fees and software revenue, with some client operating costs reimbursed through contracts. JLL took its current form through a 1999 merger and is headquartered in Chicago, Illinois.

Company size
10,001+
Company stage
IPO
Headquarters
Chicago, IL
Founded
1999

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